γ-Fe2O3/polyaniline–levodopa (γ-Fe2O3/PANI–levodopa) composites were prepared using γ-Fe2O3 and levodopa as dopants and ammonium persulfate as oxidant. The composites were characterised by Fourier transform infrared spectra and confirmed that the γ-Fe2O3 and levodopa were doped into the PANI chain. A transmission electron microscopy study revealed that the size of the γ-Fe2O3 was of the order of 10 nm, whereas the composite size was of the order of 25 nm; furthermore, it was observed that the PANI–levodopa chain was intercalated to form a core shell of γ-Fe2O3. Cyclic voltammetry and magnetisation studies showed that the γ-Fe2O3/PANI–levodopa composites had both electrochemical activity and conductive superparamagnetism, so these composites may be well suited for chemotherapy drugs.